Sec 44ad
This query is : Resolved
07 February 2019
Hello.... To calculate presumptive taxation will GST included in calculation of Turnover ? Eg. My sales is 105 rs (100 + 5 gst) . WILL 8% be calculated on 100 or 105 ? Under Gst I am not composition dealer and pay taxes after set off.
07 February 2019
Consider 100 if your turnover in profit and loss account doesn't include GST.
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